Facebook will produce TV series

Facebook decided to make it to a new level and develop their own video application for television set-top-boxes, like Apple TV. Facebook plans to produce their own TV shows and TV series. Now, the company is negotiating with movie studios about the future cooperation. The new application will be also a new commercial platform and will become an additional income source for Facebook. In the future, Facebook will provoke a huge concurrence for Netflix and Amazon services.

Since the beginning of February, Facebook stocks increased by 2,7% and continue to grow. Trading will be available during American session, from 14:40 to 21:00 GMT.

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